Analysts Set Cabot Corporation (NYSE:CBT) Target Price at $73.75

Shares of Cabot Corporation (NYSE:CBTGet Free Report) have received an average rating of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $73.75.

Several research firms have commented on CBT. Zacks Research raised Cabot from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Jefferies Financial Group reaffirmed a “buy” rating and set a $85.00 price objective on shares of Cabot in a research report on Wednesday, February 4th. Mizuho set a $75.00 price target on shares of Cabot and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. dropped their target price on shares of Cabot from $75.00 to $54.00 and set an “underweight” rating for the company in a report on Friday, November 28th. Finally, UBS Group upped their price target on shares of Cabot from $74.00 to $81.00 and gave the company a “neutral” rating in a report on Thursday, February 5th.

Read Our Latest Stock Analysis on Cabot

Institutional Investors Weigh In On Cabot

Several hedge funds have recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC grew its stake in Cabot by 343.9% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 65,561 shares of the specialty chemicals company’s stock valued at $4,986,000 after purchasing an additional 50,792 shares in the last quarter. American Century Companies Inc. increased its holdings in Cabot by 11.1% during the 2nd quarter. American Century Companies Inc. now owns 1,664,728 shares of the specialty chemicals company’s stock worth $124,855,000 after purchasing an additional 166,460 shares during the last quarter. Paradiem LLC raised its position in shares of Cabot by 65.5% in the 3rd quarter. Paradiem LLC now owns 149,097 shares of the specialty chemicals company’s stock valued at $11,339,000 after purchasing an additional 59,030 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Cabot by 5.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,556,762 shares of the specialty chemicals company’s stock worth $118,392,000 after purchasing an additional 73,734 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co bought a new position in shares of Cabot in the 3rd quarter worth about $1,040,000. 93.18% of the stock is owned by institutional investors and hedge funds.

Cabot Price Performance

Cabot stock opened at $67.73 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.67. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 11.86, a price-to-earnings-growth ratio of 9.04 and a beta of 0.86. The company’s 50 day simple moving average is $72.88 and its 200-day simple moving average is $70.62. Cabot has a 1 year low of $58.33 and a 1 year high of $84.54.

Cabot (NYSE:CBTGet Free Report) last released its earnings results on Tuesday, February 3rd. The specialty chemicals company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.40 by $0.13. Cabot had a return on equity of 22.82% and a net margin of 8.62%.The firm had revenue of $849.00 million during the quarter, compared to analysts’ expectations of $889.11 million. During the same period in the previous year, the firm posted $1.76 EPS. Cabot’s revenue for the quarter was down 11.1% on a year-over-year basis. Cabot has set its FY 2026 guidance at 6.000-6.500 EPS. As a group, equities research analysts expect that Cabot will post 7.57 earnings per share for the current year.

Cabot Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.7%. Cabot’s dividend payout ratio is currently 31.52%.

About Cabot

(Get Free Report)

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. Founded in 1882 by Godfrey Lowell Cabot, the company has grown into a diversified manufacturer with operations across North America, Europe, Asia and Latin America. Cabot serves a wide range of end markets, including automotive, industrial, energy, and consumer products, supplying essential ingredients that enhance performance, durability and functionality.

The company operates two primary segments: Reinforcement Materials and Performance Materials.

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Analyst Recommendations for Cabot (NYSE:CBT)

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